The daily candle
Avalanche closed the November 12 daily candle at $8.35, down 1.82% on the day, after trading between $8.23 and $8.71. What stands out on the daily chart: Bollinger squeeze.
Moving averages
The close of $8.35 is 2.3% below the 20-day average ($8.55).
The close of $8.35 is 13.6% below the 50-day average ($9.67).
Momentum: RSI and MACD
The 14-day RSI reads 43.1, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -0.3152 against a signal line of -0.3558, so the MACD line is above its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.29 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $7.96 to $9.15, and the close is inside the bands. The bands are the narrowest they have been in 60 days.
Over the previous 30 days the highest close was $10.22 and the lowest $7.93.
What it costs to hold a position
Anyone holding a AVAX perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the AVAX funding page.